Law on the registration of import and deliverables of crude oil in the European Economic Area.

Date	LAW-1999-06-25-54
Ministry of	Oil and Energy Department
Last modified
Published
Istrontrecation	25.06.1999, 01.07.1999
Changing
Announcement
Card title	Law on the registration of the crude oil trade crude.

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Capital overview :

• Body
• EES deal attachment IV number 5 (The Council Regulation (EC) 2964/95 of 20. December 1995 about the registration of import and deliverables of crude oil in the community)

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Section 1.EES Agreement Attachment IV # 5 (Regulation (EC) # 2964/95 of 20. December 1995) about the registration of import and deliverables of crude oil in the European Economic Area, applies as law with the adaptations as follows by Appendix IV, Protocol 1 to the agreement and agreement by the agreement. Part Article Section 2.I law of 29. November 1996 # 72 about petroleum business is made the following changes :--- Part Article Section 3.The law will take effect immediately with the exception of the changes in the petroleum Act, which takes effect from the time the King decides.

0	From 1 July 1999 ifg. res. 25 June 1999 # 705.

Below is rendered-after Ot.prp. no 54 (1998-99) s. 5-6-EES agreement Attachment IV # 5 (Regulation # 2964/95) such the Oil and Energy Department interprets this part of the EES agreement with the adaptations that follow by attachment IV, protocol 1 to the agreement and agreement for the otherwise. Record marked with noteall and * is the Oil and Energy Department notes to the rendering of Ot.prp. 54 (nonetheless so that "EF" has been replaced with "EU").

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EES deal attachment IV number 5 (The Council Regulation (EC) 2964/95 of 20. December 1995 about the registration of import and deliverables of crude oil in the community)

[ THE COUNCIL OF THE EUROPEAN UNION-

With reference to the Treaty of Establisation of the European Community, especially Article 213.

With reference to the Commission's proposal.

As the establishment of a joint energy policy is one of the objectives the community has sat down. It is the Commission's task to provide suggestions on what measures are to be committed to reach this objective.

As one of the most important goals for this policy is to secure supplies to stable prices.

As it is desirable with overview in the market.

Judging from the supply situation, and to stabilize the EC market and prevent abnormal fluctuations in the world market gain an unfortunate impact on the EC market, the Member States and the Commission should obtain equal information on the costs of supply of crude oil.

By Regulation (ELF) # 1893/79 introduced the Council arrangements for the registration of the import of crude oil to the community.

By Regulation (ELF) # 2592/79 determined council rules for registration of the import of crude oil to the community.

These foreverings staged to apply to 31. December 1991, therefore, those rules that thereby were stipulled and at the same time be adapted to trade terms that apply to the international oil markets, and take aim to better and protect the quality of the environment and barely adapted The reporting requirements of national authorities and the International Energy Agency-have adopted this Regulation : ]

Art 1.All persons or enterprises that import crude oil from third-person or who receive deliveries of crude oil from a counterherding party, shall be obliged to submit information on the characteristic of the import or deliveries of the counterend party where they are established. Part Article Art 2. On the basis of the information mentioned in Article 1 shall EFTA countries periodically sending EFTAs surveillance organ information that can provide a real image of the development of the terms of the terms of import or deliveries has taken place below.

The following information should be passed on to The EFTA countries.

Part Article Art 3.The information that is gathering and forwarded in the co-hold of this settlement shall be confidant.

This prerequisite should not be an obstacle to the release of general information or comprehensive information that does not contain information about individual enterprises.

Part Article Art 4.1. The information that people or enterprise duties to send to it counterend party they are established in, shall apply to all imports or all deliveries of crude oil to a set price.

2. "Import" means each batch of crude oil that is introduced to The European Economic Collaboration Area customs territory for other purposes than transit. "Leverance" means every batch of crude oil that comes from another counterend party for other purposes than transit. Import or deliverables taking place for their own bill of company established outside the import state, and which are meant for refining or contract and then exporters gathered in terms of refined products, is not retaken.

3. Introduction to The European Economic Collaboration Area The customs area of oil which has been outwon from ocean bottom as a counterend party exercising exclusive rights to exploitation shall not be deemed to be import as defined in No. 2.

Part Article Art 5.I ratio of Article 1 shall be characteristic of each batch of crude oil that is imported or delivered to a counterend party include

-	The term of the raw oil, including API density,

-	volume indicated in the plate,

-	the price cif pr. plate,

-	The sulfur content of percent.

Part Article Art 6.The information mentioned in Article 4 and 5 should be sent to those counterparts parties it applies to each period that must not be in more than a month. Part Article Art 7. The information EFTA countries to give to EFTAs surveillance organ in co-hold Article 2, shall be submitted at the latest one month after the expiration of each month as mentioned in Article 6. These information should, for each type of crude oil, contain an interception of the information that EFTA countries catches up from people and enterprises. For every type of crude oil should be disclosed about :

-	The term of the raw oil, including average API density,

-	volume indicated in the plate,

-	the average price cif pr. plate,

-	number of companies reporting,

-	The sulfur content of percent.

Part Article Art 8. 1. EFTAs surveillance organ shall analyze the information submitted in the co-hold of Article 7 and relay them to EFTA countries every month.

2. EFTA countries and EFTAs surveillance organ shall consult each other periodically, either at the request of a EFTA country or on initiative from EFTAs surveillance organ Such consultations should particularly apply to those messages from EFTAs surveillance organ which is mentioned in the 1.

It can be held consultations with international organizations and third-place organizations that have established similar reporting systems.

Part Article Art 9. 1. The information sent in the co-hold of Article 4, and the information that follows by Article 7 shall be confidant. This is still not going to be an obstacle to the fact that information is passed on in such a way that details of individual enterprises are not made known, it would say that the information must include at least three enterprises.

2. The information sent EFTAs surveillance organ on the basis of Article 7, and the messages mentioned in Article 8 number 1, can only be used for the purposes mentioned in Article 8 number 2.

3. If EFTAs surveillance organ in the information sent it from EFTA countries by Article 7 finds discrepancies or lack of compliance that is to obstacle to providing a real image of the terms import or deliveries have taken place under, it can request EFTA countries about accessing relevant individual information from the enterprises, as well as to those of the summary or assessment ways that were taken to coincide with the information.

Part Article Art 10. EFTAs surveillance organ going to be able to interact with EFTA countries pass review rules for this arrangement. Part Article Art 11.This settlement shall take effect on the day it is announced in the European Communities ' s Tidde.

This arrangement is binding in all parts and applies directly to all counterparts parties.

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